Colombia | Growth in 2026 continues to be driven by final consumption

Summary

GDP grew by 2.2% in the first quarter of 2026, a figure similar to that reported for the fourth quarter of 2025. This growth was driven primarily by final consumption and investment in machinery and equipment.

Key points

• Key points:
• Growth continued to be driven by consumption, with a 3.4% increase fueled by strong growth in durable and semi-durable goods and public spending.
• Fixed investment regained momentum, driven particularly by machinery and equipment; construction remains weak.
• Imports accelerated, in line with increased demand for durable goods and investment in machinery and equipment.
• Exports maintained strong growth, focused more on goods than on services
• On a quarter-over-quarter basis, growth accelerated, reaching 0.6% (q/q), up from the 0.0% recorded in the final quarter of the previous year.

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